Cash squeeze hits industry
......As RBZ manipulates the market to create demand for ZiG
LIVINGSTONE MARUFU AND TANATSWA KANDENGA The Reserve Bank of Zimbabwe (RBZ)’s stringent monetary policy stance has caused a cash crunch that has severely hampered operations, business leaders revealed this week. They told Business Times that industry is likely to experience unintended consequences from the central bank’s attempt to push demand for the local currency, the ZiG. The executives…
